INDIAMARTNSEIndiamart Intermesh LimitedHighPositive
Announced Tue, 29 Apr · 16:29 IST

Indiamart Intermesh Limited has informed the Exchange that Board of Directors at its meeting held on April 29, 2025, declared Special Dividend of Rs. 20 per equity share.

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Indiamart Intermesh Limited, at its meeting held on April 29, 2025, declared a Special Dividend of Rs. 20 per equity share. This is a one-time special dividend in addition to any regular dividend the company may pay. The record date and payment timeline would be communicated separately. Shareholders holding shares on the record date will be eligible to receive this special dividend. The declaration signals the company's strong cash position and willingness to reward shareholders.

Likely market impact

Positive short-term sentiment for shareholders as they receive an additional Rs. 20 per share; may lead to minor share price adjustment on the ex-dividend date, but overall reflects healthy cash reserves.